2 Bsquare executives leave to lighten payroll

Published 10:00 pm, Tuesday, June 17, 2003

Two top executives at Bsquare Corp. are leaving the Bellevue technology company. James Ladd, chief financial officer, and Kent Hellebust, senior vice president of marketing, departed yesterday.

"We need to improve our operational efficiency and return to profitability," Bsquare Chief Executive Bill Baxter said in a statement. "As we address these issues, we came to the collective conclusion that we cannot afford the current level of executive management. I sincerely appreciate Jim for his leadership and dedication to Bsquare and wish him the best as he moves to new opportunities."